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CB&I to Design China Grassroots Petchem Complex
(Tuesday, August 26, 2014) CB&I announced Tuesday it has been awarded a contract by Shenhua Ningxia Coal Industry Group Co. Ltd. for the license and engineering design of a grassroots petrochemicals complex to be built in Ningxia, People's Republic of China.
Developer to Lease Ohio Site for Ethane Cracker
(Monday, August 25, 2014) Slightly larger but still "less than world-scale," $1 billion integrated ethylene/polyethylene project advances.
Poland's PKN Selects CB&I for Propylene Unit
(Thursday, August 21, 2014) CB&I announced Thursday it has been awarded a contract by Polski Koncern Naftowy Orlen S.A. (PKN) for the license and engineering design of a new on-purpose propylene production unit to be located in Plock, Poland.
Malaysia Ethylene Complex Project Goes to Toyo
(Thursday, August 21, 2014) Toyo Engineering Corp. has been awarded a contract for a Steam Cracker Complex (SCC) project in Malaysia by PRPC Refinery and Cracker Sdn. Bhd., a subsidiary of PETRONAS.
Banking on U.S. Shale Gas Boom, Asia Petrochemical Firms Switch to LPG
(Thursday, August 21, 2014) Asia petrochemicals firms are building tanks and retooling plants to store and process liquefied petroleum gas imported from the United States, counting on a flood of supply from the shale boom to replace costlier naphtha as a raw material.
India's Reliance to Source 1.5 Mln Tonne/year of Ethane from U.S.
(Wednesday, August 20, 2014) India's Reliance Industries Ltd is to import 1.5 million tonnes a year of ethane from the United States to use as feedstock for its crackers, as the company looks to take advantage of its investments in the prolific North American shale gas industry.
Japan Jul Petchem Naphtha Imports Rise 16 Pct y/y
(Wednesday, August 20, 2014) Japan's naphtha imports for the petrochemical sector rose 16 percent in July from the same month a year earlier, government figures showed on Wednesday.
Mexican Oil Company Pemex Launches Post-reform Corporate Makeover
(Wednesday, August 20, 2014) The company will keep intact its highly profitable E&P unit while it consolidates poorer-performing divisions focused on natural gas, refining and petrochemicals into a single unit, Pemex said in a statement.
Navigating the Petchem FDI Conundrum in Developing Economies
(Wednesday, August 20, 2014) IFC's point man on chemical sector projects sees particularly attractive petchem investment opportunities in Africa, Central Asia and in China, India and Mexico.
Asia Naphtha-Japan's Tonen Chemical Shuts Cracker for Maintenance
(Tuesday, August 19, 2014) Japan's Tonen Chemical Corp, a subsidiary of oil refiner TonenGeneral Sekiyu, has shut a 540,000 tonnes per year (tpy) naphtha cracker at Kawasaki on Tuesday afternoon for scheduled maintenance, a TonenGeneral Sekiyu spokesman said.
China's CNOOC Hizhou Petchem Plant Wants U.S. LPG As Feedstock
(Monday, August 18, 2014) The second phase of Chinese energy giant CNOOC Group's $8 billion petrochemical complex in the southern city of Huizhou intends to use U.S. LPG, a senior executive of the multi-billion dollar project's contractor said on Monday.
Japan, Turkey Start Building $1.3 Bln Turkmen Fertiliser Plant
(Monday, August 18, 2014) Japan's Mitsubishi Corp. and Turkey's Gap Insaat on Monday laid the foundation of a $1.3 billion plant to produce carbamide in Turkmenistan, which plans to gain added value by using its natural gas to produce the fertilizer for export.
China's First Major Industrial User of Shale Gas Swings to Red
(Monday, August 18, 2014) Chongqing Jianfeng Chemical Co Ltd, China's first major industrial user of shale gas, said on Monday it swung to a loss in the first half of the year from a profit a year earlier due to the rising cost of gas.
S.Korea's GS Caltex Eyes Talks with Tesla on Carbon Fiber Supply-Source
(Thursday, August 14, 2014) South Korea's GS Caltex plans to talk with U.S. electric carmaker Tesla Motors about supplying its carbon fiber for vehicles, an industry source familiar with the matter told Reuters.
Platts: Increased US Polypropylene Supply Still Won't Meet Global Shortfall
(Wednesday, August 13, 2014) Growing global demand for polypropylene in the long-term will outstrip increased U.S. propylene supply after shale oil, according to Platts.
ExxonMobil Chemical Taps Jacobs for Texas Ethane Cracker Project
(Tuesday, August 12, 2014) Jacobs Engineering Group Inc. has won an EPC contract from ExxonMobil Chemical to as part of an ethane cracker project in ExxonMobil's Baytown, Texas complex and associated premium product facilities in Mont Belvieu, Texas.
Borealis Charters Vessel to Import Ethane from U.S.
(Friday, August 08, 2014) The charter reflects the initial demand to transport ethane in such large quantities, facilitating the diversification by international petrochemical companies of their feedstock supplies with low cost U.S. ethane.
Linde Adds Petchem Business Unit
(Friday, August 08, 2014) Technology company The Linde Group has added a petrochemical plant business unit to its Engineering Division offices in Houston, TX.
Ciris Bullish on Coal for Oxo-Chemicals
(Tuesday, August 05, 2014) Colorado-based firm developing process to produce high-value intermediates from low-rank wet coals.
Pioneer Says Owned Most of Condensate Exported by Enterprise
(Tuesday, August 05, 2014) The company had said on Monday that its condensate from the Eagle Ford shale oil play had received interest from petrochemical buyers in Asia.